Shuttle gets Central Bank authorisation to offer retail investors access to private market investments

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 98%

Central-Bank-Of-Ireland News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Alternative investment platform aims to open up private assets

Alternative investment platform Shuttle has been given authorisation by the Central Bank of Ireland to provide potential small investors with simple access to new markets.

Customers invest a minimum of €250 per quarter through their digital wallets, with a €250 annual fee paid on each account and a 10 per cent performance fee. “We could have looked at getting authorised elsewhere in Europe, which we were told would have been easier and quicker but we wanted the CBI’s rubber stamp,” said Mr Halligan. “It’s well known that they’re the gold star when it comes to regulation in Europe, and we think it will help show just how dedicated we are to building a safe and trustworthy business.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Madness for Central Bank to allow credit unions increase their exposure to housing marketIt is hard to see the Garda credit union evicting a member of the force and selling their home.
Source: IrishTimes - 🏆 3. / 98 Read more »